TITLE 18. PROFESSIONAL AND OCCUPATIONAL LICENSING
REGISTRAR'S NOTICE: The
Real Estate Appraiser Board is claiming an exemption from Article 2 of the
Administrative Process Act in accordance with § 2.2-4006 A 6 of the Code
of Virginia, which excludes regulations of the regulatory boards served by the
Department of Professional and Occupational Regulation pursuant to Title 54.1
of the Code of Virginia that are limited to reducing fees charged to regulants
and applicants. The Real Estate Appraiser Board will receive, consider, and
respond to petitions by any interested person at any time with respect to
reconsideration or revision.
Title of Regulation: 18VAC130-20. Real Estate
Appraiser Board Rules and Regulations (amending 18VAC130-20-90, 18VAC130-20-130,
18VAC130-20-250).
Statutory Authority: §§ 54.1-201 and 54.1-2013 of the
Code of Virginia.
Effective Date: February 1, 2018.
Agency Contact: Christine Martine, Executive Director,
Real Estate Appraiser Board, 9960 Mayland Drive, Suite 400, Richmond, VA 23233,
telephone (804) 367-8552, FAX (804) 527-4298, or email
reappraisers@dpor.virginia.gov.
Summary:
The amendments reduce certain fees for the period February
28, 2018, to February 1, 2020, to comply with § 54.1-113 of the
Code of Virginia.
18VAC130-20-90. Application and registration fees.
There will be no pro rata refund of these fees to licensees
who resign or upgrade to a higher license or to licensees whose licenses are
revoked or surrendered for other causes. All application fees for licenses and
registrations are nonrefundable.
1. Application fees for registrations, certificates and
licenses are as follows:
Registration of Business Entity
|
$160
|
Certified General Real Estate Appraiser
|
$290
|
Temporary Certified General Real Estate Appraiser
|
$75
|
Certified Residential Real Estate Appraiser
|
$290
|
Temporary Certified Residential Real Estate Appraiser
|
$75
|
Licensed Residential Real Estate Appraiser
|
$290
|
Temporary Licensed Residential Real Estate Appraiser
|
$75
|
Appraiser Trainee
|
$155
|
Upgrade of License
|
$130
|
Instructor Certification
|
$150
|
Application fees for a certified general real estate
appraiser, a certified residential real estate appraiser, a licensed
residential real estate appraiser and an appraiser trainee include a $30
$37.50 fee for a copy of the Uniform Standards of Professional Appraisal
Practice. This fee is subject to the fee charged by the Appraisal Foundation
and may be adjusted and charged to the applicant in accordance with the fee
charged by the Appraisal Foundation.
2. Examination fees. The fee for examination or reexamination
is subject to contracted charges to the department by an outside vendor. These
contracts are competitively negotiated and bargained for in compliance with the
Virginia Public Procurement Act (§ 2.2-4300 et seq. of the Code of Virginia).
Fees may be adjusted and charged to the candidate in accordance with this
contract.
3. An $80 National Registry fee assessment for all permanent
license applicants is to be assessed of each applicant in accordance with §
1109 of the Financial Institutions Reform, Recovery, and Enforcement Act of
1989 (12 USC §§ 3331–3351). This fee may be adjusted and charged to the
applicant in accordance with the Act. If the applicant fails to qualify for
licensure, then this assessment fee will be refunded.
18VAC130-20-130. Fees for renewal and reinstatement.
A. All fees are nonrefundable.
B. National Registry fee assessment. In accordance with the
requirements of § 1109 of the Financial Institutions Reform, Recovery, and
Enforcement Act of 1989, $80 of the biennial renewal or reinstatement fee
assessed for all certified general real estate appraisers, certified
residential and licensed residential real estate appraisers shall be submitted
to the Appraisal Subcommittee. The registry fee may be adjusted in accordance
with the Act and charged to the licensee.
Renewal and reinstatement fees for a certified general real
estate appraiser, a certified residential real estate appraiser, a licensed
residential real estate appraiser and an appraiser trainee include a $30
$37.50 fee for a copy of the Uniform Standards of Professional Appraisal
Practice. This fee is subject to the fee charged by the Appraisal Foundation
and may be adjusted and charged to the applicant in accordance with the fee
charged by the Appraisal Foundation.
C. Renewal fees are as follows:
Certified general real estate appraiser
|
$205
|
Certified residential real estate appraiser
|
$205
|
Licensed residential real estate appraiser
|
$205
|
Appraiser trainee
|
$125
|
Registered business entity
|
$120
|
Certified instructor
|
$150
|
For licenses expiring on February 28, 2018, and before
February 1, 2020, the renewal fees are as follows:
Certified general real estate appraiser
|
$150
|
Certified residential real estate appraiser
|
$150
|
Licensed residential real estate appraiser
|
$150
|
Appraiser trainee
|
$70
|
Registered business entity
|
$60
|
Certified instructor
|
$75
|
D. Reinstatement fees are as follows:
Certified general real estate appraiser
|
$385
|
Certified residential real estate appraiser
|
$385
|
Licensed residential real estate appraiser
|
$385
|
Appraiser trainee
|
$250
|
Registered business entity
|
$280
|
Certified instructor
|
$300
|
For licenses expiring on February 28, 2018, and before
February 1, 2020, the reinstatement fees shall be as follows:
Certified general real estate appraiser
|
$330
|
Certified residential real estate appraiser
|
$330
|
Licensed residential real estate appraiser
|
$330
|
Appraiser trainee
|
$165
|
Registered business entity
|
$220
|
Certified instructor
|
$225
|
18VAC130-20-250. Re-approval Reapproval of
courses required.
Approval letters issued under this chapter for educational
offerings shall expire two years from the last day of the month in which they
were issued, as indicated in the approval letter. The re-approval reapproval
fee shall be equivalent to the original approval fee specified in
18VAC130-20-240. For courses expiring on February 28, 2018, and before
February 1, 2020, the course reapproval fee shall be $75.
VA.R. Doc. No. R18-5358; Filed December 4, 2017, 6:29 p.m.